Tupperware Brands CEO Rick Goings recently appeared on NBC’s Mad Money with host Jim Cramer. The segment, covering Tupperware’s latest financial report and its sustainability efforts, aired during the network’s Green Week. Justmeans—a platform for learning about entities shaping the world of CSR, sustainability and social enterprise—features the segment on its YouTube page.
Giving a mile-a-minute rundown of Tupperware’s first quarter earnings, Cramer addresses a slight reduction in the company’s four-year earnings guidance, as well as the $1.1 billion cushion left in Tupperware’s buyback authorization program, equivalent to a quarter of the company’s market capitalization. Goings then discusses Tupperware’s sustainability practices, emphasizing that the business grew out of an idea to eliminate waste by producing viable commercial products from slag produced by the refining industry. Currently, the company is promoting its lifetime-guaranteed water bottles to decrease the more than 471 million disposable bottles added to landfills annually.
View the entire Mad Money clip here.